Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Where Will Dollar General Stock Be in 5 Years?

TheMotleyFool

0 0

Where Will Dollar General Stock Be in 5 Years?: https://g.foolcdn.com/editorial/images/756661/man-looking-in-the-distance-with-a-pair-of-binoculars.jpg

A mere three years ago, discount retailer Dollar General (NYSE: DG) was one of the market's hottest stocks. The company had seemingly found a formula for smashing success, offering a wide selection of basic goods at a great price to small, underserved markets.

Between its 2009 public offering and its pandemic-prompted peak, Dollar General stock logged a gain of more than 1,100%. Its store count has also grown, from a little more than 8,800 locations then to over 19,000 now, pushing its annual revenue up from less than $12 billion to nearly $40 billion.

In retrospect, though, we can now see the company's growth wasn't built to last. Many of its stores are regularly understaffed, and untidy to the point of being unsafe.

Source Fool.com

Like: 0

Share